INVESTOR

Wall Avenue Investor Compares the Terra Case to a “Pyramid Scam”

Wall Avenue Investor Compares the Terra Case to a “Pyramid Scam”

Wall Street Investor Compares the Terra Case to a “Pyramid Scam” A millionaire Wall Street investor suggested that the crypto asset market could be operating like a huge Ponzi scheme, since cryptos do not have any backing. Through his Twitter (NYSE:TWTR) account, the CEO of Pershing Square Capital Management, Bill Ackman, warned that some cryptocurrencies…

Buck Down, but Investor Sentiment Remains Fragile Over Recession Fears

Dollar Down, however Investor Sentiment Stays Fragile Over Recession Fears

© Reuters. By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia. Safe-haven currencies pressed paused after the previous session’s big gains. However, concerns are growing that tighter monetary policies from the U.S. Federal Reserve and other global central banks could impact economic growth. The U.S. Dollar Index that tracks the…